Zulutrade Review

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Broker rating: 9

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Zulutrade broker review

Broker information

Broker	Zulutrade
Website link	http://www.zulutrade.com
Founded in the year	2007
Main office based in	United States, Wilmington, Delaware
Contact possibilities	Email: support@zulutrade.com, live chat 24/7, phone
Available languages	English, Italiano, Norsk, Bahasa Melayu, Deutsch, Svenska, Español, Français, Português, Pyccĸий, 한국어, 中文, 日本語, Polski, العَرَبِية‎, български, čeština, Dansk, ελληνικά, Suomi, Magyar, Nederlands, Slovenski, עברית, tiếng Việt
Trading platform	iPad & iPhone, Android App + Widget, Windows Phone, Desktop trader, Zulutrade full pack: complete trading platform
Minimum first deposit	$200
Minimum amount traded	$5
Maximum amount traded	$20,000
Welcome bonus	No bonus
Pay out information	Fast payout within 5 working days
Leverage	up to 200:1
Spread	0.1 to 0.3 pips/span>
Demo account	Click to open a Demo account
Regulated
Regulated by	Zulutrade is regulated by the CySec and the ASIC and is registered with the Financial Conduct Authority (FCA) and the BaFin
Extra fees information	There are no hidden fees involved in using Zulutrade
Available accounts	Zulutrade+, Zulutrade Classic, ActTrader, MetaTrader 4 (MT4)
Methods of deposit	Bank trasnfer, Paypal, Neteller, Creditcards, GiroPay
Methods of withdrawal	Bank trasnfer, Paypal, Neteller, Creditcards, GiroPay
Number of tradable Assets	500+
Types of tradable assets	Trade almost all shares, Forex pairs, commodities, and indexes on Zulutrade
US traders allowed
Trading on smartphone
Trading on tablet
Broker Score	9

Complete Zulutrade Review

One of the older and better-known providers of social trading and signal providers is ZuluTrade. The service works just like Mirror Trader from XM and Social Trading from Markets.com so that investors can follow or copy other (professional) investors’ investments by means of social trading. Unlike other social trading services ZuluTrade is the market leader and its trading platform therefore has many more features than other social trading brokers. Also, traders can earn extra money by becoming a signal provider themselves. Other traders can then copy your trades and you earn a commission per copied trade.

Zulutrade trading platforms:

Zulutrade +

On Zulutrade+ signal providers have access to a complete trading station with a user interface that offers technical analysis, charts and indicators. Besides, traders have the ability to create a trading robot with their own ZuluScripts. In detail the trading station includes: candlesticks, OHLC, lines, a wide range of indicators: trend, oscillators, volatility, volumes, Bill Williams, etc. An external platform is therefore not required. Because the platform is entirely web-based, it is protected against connection problems and therefore EAs can run uninterrupted without VPS. More information about ZuluScripts you can find here.

ZuluTrade Classic

The signal provider account comes with a built-in web trading platform to be found under the Trade tab. It is possible to open trades, watch current orders, and choose Stop and Limit values.

ActTrader ™

The ActTrader platform includes features like a customizable layout, economic news monitor, professional charts with built-in indicators, drawing tools, linked objects, Fibonacci tools and more. ActFX programming language is the simple requirement to create custom strategies and indicators. Visual algorithmic trading is possible without having to write a single line of code and there is a built-in app store available to download trading strategies, indicators and other apps. The ActTrader can be used in the web browser, on iPhone, Android and tablet devices. It is possible to track your trades from your ZuluTrade Trader account.

The ZuluTrading API can be used with the ZuluTrade + account, the ZuluTrade Classic account and via the ActTrader. ZuluTrade offers its own REST API which gives providers the opportunity to make direct request from their accounts of their own programs. In other words, instead of logging in time and again on Signal Provider to manually open, close, and manage trades, trades can make their own algorithms do this for them. Although some basic programming skills are required, you can read a step-by-step guide on how to set the ZuluTrading API.

MetaTrader 4 Platform

It is possible to connect an external live or demo MT4 platform to a Signal Provider account. In this case, the Signal Provider account becomes a read-only mode and any trading activity taking place in the MT4 account is copied to the ZuluTrade account. The list of available brokers can be found in the Signal Provider account by clicking the Settings tab in the Signal Provider account, or through consulting the customer service.

ZuluTrade VPS Hosting

ZuluTrade offers providers that trade with MT4 the opportunity to host their trading strategy for free at ZuluTrade’s own VPS service. ZuluTrade supports more than 60 brokers and there is no need to download a trading software. The MT4 client of choice is already pre-installed on your personal VPS account, which you can access via any browser. The ZuluTrade VPS hosting service is only available for Signal Providers trading via MT4 terminals. There is a limited number of VPS hosting available, so traders should pay attention to the “connect to my VPS” button under the Settings tab – it only appears when VPS hosting slots are available. ZuluTrade VPS is a premium service and therefore there is a fair use policy; if it detects that the VPS service is misused, it is closed automatically. Among abuse is regarded: mala fide intentions, minimal or excessive use, use of third-party software that clashed with the OS, using multiple MT4 clients and EAs and the use outside ZuluTrade’s environment. There is a limit of one ZuluTrade VPS hosting account per person.